Mustang Minerals Corp. (TSX VENTURE:MUM)(FRANKFURT:NJF) reported the results of an updated Mineral Reserve estimate for the Makwa Nickel Project located in southeast Manitoba.

The press release is quoted as saying:

The reserve update was completed by Micon International Limited (Micon). Highlights of the updated Mineral Reserve include increased project tonnage and contained metal. An updated project economics model estimates Nickel cash costs at US$3.91 per pound and US$2.70 including by-product credits. Mustang also is reviewing the potential to significantly increase metal production from the Makwa Project by including feed from its Mayville Cu-Ni Resource.

Click here to access the entire press release ^[1]

Click here to access Mustang Minerals Corporate Site ^[2]